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RaynLim

GBPUSD-Weekly Market Analysis-Sep22,Wk5

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
RaynLim  
FX:GBPUSD   British Pound / U.S. Dollar
Candlestick Analysis Support and Resistance Trend Analysis askforex100 GBPUSD resistancelevel trendtrading trendcontinuation candlestickpattern
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candlestick supportandresistance trendanalysis askforex100 gbpusd resistancelevel trendtrading trendcontinuation candlestickpattern
GBPUSD is on a bearish trend; you may wonder if GBPUSD will hit parity with the dollar. The next level of support is at 1.0554, the market has to break and close beyond the level before we talk about Pound Parity with the US. The immediate resistance level that I'm waiting for a shorting opportunity is at 1.1212.
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